125
125
Oct 1, 2013
10/13
by
CNBC
tv
eye 125
favorite 0
quote 0
not just for today and the next election. how about the way the government is supposed to work and the way we're supposed to represent. this is not a republican agenda for me, guys. in is what the people of theins expect to us do. if we can't have these heavy debates, why the heck are we here? i'm not going to go along to get along. i'm going to do the best for the people that sent me. that's my job. >> i think that's what a lot of people on your side are arguing today. congressman mike kelly, thanks for your time. >> the question is how long will it last as the shutdown continues and how about the debate on the debt ceiling? >> kelly, how are you? >> i'm great. i can't say the same for nonessential employees. >> the s&p has a fairly nice rebound taking place, it's up about a third of a percent. it is the first day of the month. maybe that's accounting for some of the action. but you're in the camp that's going to keep buying through all of this. why? >> yes, and using any pullback like we've had in the past three weeks to co
not just for today and the next election. how about the way the government is supposed to work and the way we're supposed to represent. this is not a republican agenda for me, guys. in is what the people of theins expect to us do. if we can't have these heavy debates, why the heck are we here? i'm not going to go along to get along. i'm going to do the best for the people that sent me. that's my job. >> i think that's what a lot of people on your side are arguing today. congressman mike...
106
106
Mar 12, 2013
03/13
by
CNBC
tv
eye 106
favorite 0
quote 0
it's a nice gain for the first presidential election year. we have a top of 1700 in mid-summer and then declined to 1625. for now, we've had a good dwns from november to now, it is anying to an end issue the left couple of -- and proby we'll have's a small driver and a couple of more weeks before it resumes again. if we get an italy or european situation or iran or korea, it may push it down to 1450, but i doubt it. there are excellent buying opportunities there. >> harry, i've got to ask you because a lot of investors have been sitting on the side lines and they've largely missed this rally and i'm not just talking about retail investors and also institutions and hedge funds may have missed this rally. and you are convinced that we are going to have a correction. what do you make of this theory, this tactic that you can wait for a correction, wait for this pullback to happen because people have been waiting and waiting and waiting and every day there's a record high. >> you know, most of the markets are almost 48 months out even to this day
it's a nice gain for the first presidential election year. we have a top of 1700 in mid-summer and then declined to 1625. for now, we've had a good dwns from november to now, it is anying to an end issue the left couple of -- and proby we'll have's a small driver and a couple of more weeks before it resumes again. if we get an italy or european situation or iran or korea, it may push it down to 1450, but i doubt it. there are excellent buying opportunities there. >> harry, i've got to ask...
142
142
Aug 15, 2013
08/13
by
CNBC
tv
eye 142
favorite 0
quote 0
while mohamed morsi was elected president in a democratic election, his government was not inclusive and did not respect the views of all egyptians. we know that many egyptians, millions of egyptians, perhaps even a majority of egyptians were calling for a change in course, and while we do not believe that force is the way to resolve political differences, after the military's intervention several weeks ago, there remained a chance for reconciliation and an opportunity to pursue a democratic path. instead, we've seen a more dangerous path taken through arbitrary arrests, a broad crackdown on mr. morsmorsi's associations and supporters, and now tragically violence that's taken the lives of hundreds of people and wounded thousands more. the united states strongly condemns the steps that have been taken by egypt's interim government and security forces. we deplore violence against civilians. we support universal rights essential to human dignity, including the right to peaceful protest. we oppose the pursuit of martial law which denies those rights to citizens under the principle that s
while mohamed morsi was elected president in a democratic election, his government was not inclusive and did not respect the views of all egyptians. we know that many egyptians, millions of egyptians, perhaps even a majority of egyptians were calling for a change in course, and while we do not believe that force is the way to resolve political differences, after the military's intervention several weeks ago, there remained a chance for reconciliation and an opportunity to pursue a democratic...
195
195
Apr 18, 2013
04/13
by
CNBC
tv
eye 195
favorite 0
quote 0
today, although italy's parliament still struggling to elect a president in their first vote. our road map begins with all that market volatility. we were up, then down, then up. we'll look at whether another triple digit move on the dow today could play out. >>> apple dipped below $400 a share yesterday. closed above that. this morning verizon reporting strong activations for the iphone for the last quarter. will that help this stock that's been in free fall? >>> pepsi beating expectations this morning. jim has an interview with the ceo. >>> paypal under pressure this morning, facing increased competition from amazon and others. we'll break down numbers and talk exclusive to john donahoe, ebay's ceo coming up. >>> futures on the rise after yesterday's drop of 138 points in the dow which is now posted three consecutive days of triple digit moves, including the big sell-off, 266 on monday an tuesday's rebound. just two weeks ago the s&p came within two points of 1,600. leads us to sort of a broad discussion of where we are in corporate earnings. i see two-thirds have beaten on
today, although italy's parliament still struggling to elect a president in their first vote. our road map begins with all that market volatility. we were up, then down, then up. we'll look at whether another triple digit move on the dow today could play out. >>> apple dipped below $400 a share yesterday. closed above that. this morning verizon reporting strong activations for the iphone for the last quarter. will that help this stock that's been in free fall? >>> pepsi...
127
127
Mar 21, 2013
03/13
by
CNBC
tv
eye 127
favorite 0
quote 0
you know, the first place he went to when he was re-elected was twitter, you know, posting a picture of himself and his wife. i think that's -- that's amazing, that's huge. >> right. drew, we're going to leave it there. thanks for joining us. >> thanks for having me. >> and we'll be right back. this is cn cnbhursday morning. stay with us. ♪ [ construction sounds ] ♪ [ watch ticking ] [ engine revs ] come in. ♪ got the coffee. that was fast. we're outta here. ♪ [ engine revs ] ♪ [ engine revs ] (announcer) at scottrade, our cexactly how they want.t with scottrade's online banking, i get one view of my bank and brokerage accounts with one login... to easily move my money when i need to.
you know, the first place he went to when he was re-elected was twitter, you know, posting a picture of himself and his wife. i think that's -- that's amazing, that's huge. >> right. drew, we're going to leave it there. thanks for joining us. >> thanks for having me. >> and we'll be right back. this is cn cnbhursday morning. stay with us. ♪ [ construction sounds ] ♪ [ watch ticking ] [ engine revs ] come in. ♪ got the coffee. that was fast. we're outta here. ♪ [ engine...
137
137
Apr 17, 2013
04/13
by
CNBC
tv
eye 137
favorite 0
quote 0
venezuela had an ugly election and aftermath, but still, i think there's more downside in the cards. >> you talked about $77 and the violent move that we saw last year just around this time. do you see that as the support level and the futures right now? >> it's a level i definitely will look at. we went from mid-90s all of the way down to the 77 level and we're right in the middle of that again and let's see where we'll settle and we have to stay bearish until we can settle there. >> ray carbone on the floor. i'll send it back to you, carl. >> i'll pick it up. it's not just the commodities that are suffering today and we have another major leg down after monday's route. notice how technology is also taking a lot of the burden on the downside today. all of those major indices in the red. our next guest says it is a mistake to get to bearish here. he thinks stocks are headed higher. let's bring in chief investment strategist. welcome to the program. nice to see you. >> pleasure. >> it kind of feels as if something's changed this week for many of us down here. does it seem different to
venezuela had an ugly election and aftermath, but still, i think there's more downside in the cards. >> you talked about $77 and the violent move that we saw last year just around this time. do you see that as the support level and the futures right now? >> it's a level i definitely will look at. we went from mid-90s all of the way down to the 77 level and we're right in the middle of that again and let's see where we'll settle and we have to stay bearish until we can settle there....
136
136
Feb 25, 2013
02/13
by
CNBC
tv
eye 136
favorite 0
quote 0
also looking at the new election of a fed governor, central bank governor in japan. that may be more likely to favor monetary policy. we have the fed testimony this week, many traders will be watching that very carefully. we're also keeping our eye on iran, new talks about its nuclear program, that could have an impact on the oil market. keep your eye on natural gas, a lot of cold-weather forecasts for the rest of the week, that's really lifting natural gas prices today. >> thanks very much, sharon epperson. we did want to mention something today, a friend of mine, and someone we've had frequently as a guest here on cnbc, jim woolery at jpmorgan making an interesting move worthy of noting. because normally lawyers become bankers. in fact, mr. woolery made the move to jpmorgan. rob kindler many people know, now at morgan stanley. very senior m & a -- in the m & a world. you can go through big name bankers who started as lawyers. even some having left early in their career. much rarer, though, to find somebody who's made a name as a banker return to the law. we talk ab
also looking at the new election of a fed governor, central bank governor in japan. that may be more likely to favor monetary policy. we have the fed testimony this week, many traders will be watching that very carefully. we're also keeping our eye on iran, new talks about its nuclear program, that could have an impact on the oil market. keep your eye on natural gas, a lot of cold-weather forecasts for the rest of the week, that's really lifting natural gas prices today. >> thanks very...
158
158
Apr 8, 2013
04/13
by
CNBC
tv
eye 158
favorite 0
quote 0
as far as lady thatcher was concerned she never lost a general election. she won three general elections and she was put out of power by her own party so the people of this country never voted her out and in fact, even in that election in the party she still had the most votes. >> i think we're going to hear a lot more of this over the coming days and what they talk about here. ross, for the moment in london, thank you very much. russ wes gate there on the death of margaret thatcher. >>> deutsche bank is getting more upbeat. the airline index is up 23% so far this year. rather than looking to excuses to boost profits, they say investors should regard recent dips as an opportunity to initiate or add to positions. he predicts the u.s. airline industry will make an operating profit of $600 million this quarter, more than double what the american carriers made this time last year. in fact, it's a gain of 140%. rolling forward his outlook in 2014, deutsche's linden berg is raising his price targets predicting 37% upside for united continent continental. 42% ups
as far as lady thatcher was concerned she never lost a general election. she won three general elections and she was put out of power by her own party so the people of this country never voted her out and in fact, even in that election in the party she still had the most votes. >> i think we're going to hear a lot more of this over the coming days and what they talk about here. ross, for the moment in london, thank you very much. russ wes gate there on the death of margaret thatcher....
132
132
Jan 28, 2013
01/13
by
CNBC
tv
eye 132
favorite 0
quote 0
uncertain election. we sputtered out the end of 2012. >> analyst over at jpmorgan, welcome back. good to see you again. >> thanks. >> market wants to accentuate the positive here. given the wide range of guidance, do people think it will be more like 9 and not so much 7? >> i think what investors are doing is looking through 2013 and looking into 2014 and 2015. you know, there are some challenges for caterpillar. i think on the call, one of the things we're going to have to understand is, when do those mining numbers start to increase again. when do those mining companies start to increase their spending on mining equipment. is it a '13, '14, or '15 event. those are key things we'll be looking for on the call. >> how much clarity do you think you'll get on the call which apparently it is difficult to get them to say anything definitive even about the second half of this year? >> well, i think 2012 is a good lesson learned, as doug said there in the snippet that you just showed. everybody came into 2012 pretty bullish, and then things fizz willed out. i think we're going into '13
uncertain election. we sputtered out the end of 2012. >> analyst over at jpmorgan, welcome back. good to see you again. >> thanks. >> market wants to accentuate the positive here. given the wide range of guidance, do people think it will be more like 9 and not so much 7? >> i think what investors are doing is looking through 2013 and looking into 2014 and 2015. you know, there are some challenges for caterpillar. i think on the call, one of the things we're going to have...
144
144
Feb 27, 2013
02/13
by
CNBC
tv
eye 144
favorite 0
quote 0
not including italian elections. you've got to wonder what now happens in europe in terms of the traveling, and the confidence among -- >> a lot of one-way tickets out of italy. >> priceline will tell you that they still take their vacation, it's just that they're even cheaper and chintzier. they just can't -- they have a lot -- remember, they work a different schedule from what we do. they work like a 42-week work week in some of these countries. right? we are like a 362-day work week. we're incredible slaves to capitalism there. they're in the era of socialism. >> try to take a sick day around here. when are you coming back? >> i know. i promise tomorrow. monday was the worst trading day for stocks. how can you profit from today's session? cramer's "mad dash" is coming up next. apple shareholders tell us what they want to hear from ceo tim cook at the annual meeting. let's look at futures one more time setting up for the wednesday's session. but we can still help you see your big picture. with the fidelity guided p
not including italian elections. you've got to wonder what now happens in europe in terms of the traveling, and the confidence among -- >> a lot of one-way tickets out of italy. >> priceline will tell you that they still take their vacation, it's just that they're even cheaper and chintzier. they just can't -- they have a lot -- remember, they work a different schedule from what we do. they work like a 42-week work week in some of these countries. right? we are like a 362-day work...
159
159
Dec 26, 2013
12/13
by
CNBC
tv
eye 159
favorite 0
quote 0
plus, elections next year, as well. let's move on to turkey. this is another big hot spot just today. we have seen the lira in turkey fall to a new low against the u.s. dollar. there's a huge corruption scandal. 10 ministers in the prime minister's cabinet have been replaced in the last 24 hours. it seems to be ongoing. the central bank has been trying to support the currency, but they could face potential currency crisis, because they have a large current account deficit. libya, egypt, iran. do we need to say more? this is all related to the tensions in the middle east. libya, are they ever going to be able to control the country, that way the warlords do not take over the oil production supplies? egypt is living on handouts from its neighbors. it needs to do something desperately when it comes to subsidies it pays for food and fuel. they've got to do something with their budget, but the question is, what will it be and will that lead to more massive protests as we've seen. iran, we're waiting to see what happens with the outcome of the negoti
plus, elections next year, as well. let's move on to turkey. this is another big hot spot just today. we have seen the lira in turkey fall to a new low against the u.s. dollar. there's a huge corruption scandal. 10 ministers in the prime minister's cabinet have been replaced in the last 24 hours. it seems to be ongoing. the central bank has been trying to support the currency, but they could face potential currency crisis, because they have a large current account deficit. libya, egypt, iran....
145
145
Feb 21, 2013
02/13
by
CNBC
tv
eye 145
favorite 0
quote 0
italian elections my weekend. did you see this italian bank co came out and said 20% of italian company does go under because their top line growth has collapsed so much in the recent recession. is that an interesting comment. remember this weekend, italian elections. asia awful. shanghai down 3%. worst showing in an entire year. china trying too cool inflation. remember what they did yesterday, cool down the property market? now the central bank is draining cash? that constricts liquidity for loans. and that's causing you some concerns with china right now. i sought most interesting call today, jim, was steifel, downgrading lowe's and downgrading home depot's. this is a very interesting call, basing on valuation and leveling off of house market improvement. i'm sorry, guys, but this is an interesting call but premature. just because we have get a little bit of consumer builder sentiment decelerating a bit, because mortgage rate russ going up a little bit you way too early to call a halt to the housing recovery th
italian elections my weekend. did you see this italian bank co came out and said 20% of italian company does go under because their top line growth has collapsed so much in the recent recession. is that an interesting comment. remember this weekend, italian elections. asia awful. shanghai down 3%. worst showing in an entire year. china trying too cool inflation. remember what they did yesterday, cool down the property market? now the central bank is draining cash? that constricts liquidity for...
126
126
Jan 14, 2013
01/13
by
CNBC
tv
eye 126
favorite 0
quote 0
and it will be for after the next general election in the uk. >> all right. keep an eye on that, as well. simon, thanks a lot, simon hobbs here at post nine. check on energy and commodities as well. jackie dean lice is at the nymex for us. >> the energy is looking higher. crude starting stronger and taking a turn after the equity markets opened. looking at wti hovering around the flat line. traders saying the key level to watch is 9420 and 9470. that range is a key resistance level. now keep in mind that today's high was 9429. so we broke through that point but no catalyst to keep us above that. meantime traders not expecting any meaningful move in crude prices ahead of wednesday's opec monthly report. also natural gas. we are seeing a rally today. some traders are saying this is a short squeeze while others are saying it's buying ahead of a six to ten-day period, we're going to see the temperatures get substantially colder. and last but not least i want to touch on metals. higher in both gold and silver but a move lower in copper. little bit of dollar streng
and it will be for after the next general election in the uk. >> all right. keep an eye on that, as well. simon, thanks a lot, simon hobbs here at post nine. check on energy and commodities as well. jackie dean lice is at the nymex for us. >> the energy is looking higher. crude starting stronger and taking a turn after the equity markets opened. looking at wti hovering around the flat line. traders saying the key level to watch is 9420 and 9470. that range is a key resistance level....
139
139
Jan 15, 2013
01/13
by
CNBC
tv
eye 139
favorite 0
quote 0
of the presidential and congressional elections in november. we've gotten past that point now. and our concern is more of around the predictability and the reliability of the economic policies in the united states. they're staggering every few months from one self-imposed crisis to another. we don't think the u.s. is going to default, let's be clear. ultimately it will do what needs to be done in order to make payments. but you can't keep moving from these self-imposed crises to another. while not addressing the underlying -- >> hang on a minute. you're saying you don't think the united states is going to default. when i look at interest rates on treasuries, the treasury doesn't think they're going to default. why downgrade the united states? >> because a key characteristic and a key feature of a aaa -- any aaa issuer is that it has a consistent and predictable financial debt management policy. and as i say, moving from -- staggering from one self-imposed crisis to another, while not addressing the longer term fiscal challenges that the united
of the presidential and congressional elections in november. we've gotten past that point now. and our concern is more of around the predictability and the reliability of the economic policies in the united states. they're staggering every few months from one self-imposed crisis to another. we don't think the u.s. is going to default, let's be clear. ultimately it will do what needs to be done in order to make payments. but you can't keep moving from these self-imposed crises to another. while...
188
188
Nov 18, 2013
11/13
by
CNBC
tv
eye 188
favorite 0
quote 0
the press conference was inspired by democrats up for re-election next year, coming to the white house really proetest of the obama carroe rollout. you never want to go into an election with a weak hand like this but nancy pelosi was on "meet the press" yesterday and asked about the political impact by david gregory. she refused to really go there saying that there's not going to necessarily be a clear line between what happens now and next year. >> i don't think you can tell what will happen next year but i will tell you that democrats stand tall and support the affordable care act. we have great democrats running who are concerned about our economy and are concerned that government was shut down because of a whim on the part of the republicans. >> meanwhile, what do those republicans want to do? senator kelly ayotte was on "meet the press" as well and she wants to go back to square one on health care. >> it's time for a rollout which i've been calling for so we can go back to the drawing board and talk about health solutions in the country. >> and the problem, simon, has been all alo
the press conference was inspired by democrats up for re-election next year, coming to the white house really proetest of the obama carroe rollout. you never want to go into an election with a weak hand like this but nancy pelosi was on "meet the press" yesterday and asked about the political impact by david gregory. she refused to really go there saying that there's not going to necessarily be a clear line between what happens now and next year. >> i don't think you can tell...
139
139
Feb 1, 2013
02/13
by
CNBC
tv
eye 139
favorite 0
quote 0
recession in the united states and uncertain election, a hard landing in china, a fiscal cliff. i just think the euro has cried one too many times about the end of the world and the markets are moving on. so we're still going to get this stuff, but i think it's going to be less and less damaging. >> it is an important milestone in the markets. jim, thank you for joining us. >> thank you. >> jim paulsen from wells capital management. >> the dow briefly crossing over 14,000. is it going to get back there again? as we backed off 15 points? computers having a lot of fun today with some of these. a lot more after the break. l sto mission a for a final go. this is for real this time. step seven point two one two. verify and lock. command is locked. five seconds. three, two, one. standing by for capture. the most innovative software on the planet... dragon is captured. is connecting today's leading companies to places beyond it. siemens. answers. how do traders using technical analysis streamline their process? at fidelity, we do it by merging two tools into one. combining your customi
recession in the united states and uncertain election, a hard landing in china, a fiscal cliff. i just think the euro has cried one too many times about the end of the world and the markets are moving on. so we're still going to get this stuff, but i think it's going to be less and less damaging. >> it is an important milestone in the markets. jim, thank you for joining us. >> thank you. >> jim paulsen from wells capital management. >> the dow briefly crossing over...
108
108
Jun 13, 2013
06/13
by
CNBC
tv
eye 108
favorite 0
quote 0
the threat is that it will -- the prime minister has said there will not be elections. they will do some sort of deal, but it is testament to the fact that you have a lack of political cohesiveness which points back to exactly what the bank of canada was saying about financial risk. back to you. >> simon, thank you very much for that. want to get a check on energy and commodities. the dow up almost 50. sharon epperson is at the nymex. >> we're looking at natural gas prices in positive territory after that surprise data we reported about an hour ago. we did see in addition to natural gas supplies that was less than what the market perhaps had anticipated or definitely less than what we saw last week. some traders now saying that that means that perhaps it wasn't just slow demand over the memorial day holiday, and it really is a supply/demand issue. we're continuing to watch the reaction there with natural gas up about 10 cents from the lows of the session. in terms of the elsewhere in the energy complex, we have seen a bit of a turnaround here with most of the oils and p
the threat is that it will -- the prime minister has said there will not be elections. they will do some sort of deal, but it is testament to the fact that you have a lack of political cohesiveness which points back to exactly what the bank of canada was saying about financial risk. back to you. >> simon, thank you very much for that. want to get a check on energy and commodities. the dow up almost 50. sharon epperson is at the nymex. >> we're looking at natural gas prices in...
114
114
Oct 14, 2013
10/13
by
CNBC
tv
eye 114
favorite 0
quote 0
next year, they go through the pre-election year of 2015. the average rally next year is 48% from the low next year to the high in 15. that's 89-year record. 48% rally is average. that puts the market in by the end of '15. >> for the investor here who is maybe not comfortable with the idea stocks could be on a little more volatile ride for the next quarter or two, how do you recommend they get defensive specially at a time when defensive stocks are at their all-time highs in terms of valuation? >> that's a good question. what you have to do is move up the quality spectrum and look for companies that are consistently growing and consistently profitable and well capitalized. let them have very little debt and a lot of cash on their balance sheet. on your fixed income portfolio, if you are a retail investor, you want to ladder your bond portfolio. you want to have the maturity of no less than four years and duration of no less than four years. that's how i would play it. on the balanced portfolio, a 60/40 split would be a good option. >> chad a
next year, they go through the pre-election year of 2015. the average rally next year is 48% from the low next year to the high in 15. that's 89-year record. 48% rally is average. that puts the market in by the end of '15. >> for the investor here who is maybe not comfortable with the idea stocks could be on a little more volatile ride for the next quarter or two, how do you recommend they get defensive specially at a time when defensive stocks are at their all-time highs in terms of...
233
233
Jan 18, 2013
01/13
by
CNBC
tv
eye 233
favorite 0
quote 0
that is the message the president is taking to the public right now and with the recent election results behind him he is hoping to get republicans to bow and get out of the way of that in terms of trying to hold up a debt limit and let the economy take off. republicans are trying to figure out how do we get leverage to change the level of spending long term in the country? that is where the two sides are at odds in a very difficult way. >> right. finally a lot of chatter this morning about the portrait of the president always sort of encapsulates a moment in time. people either commenting on the degree to which he's gotten gray which happens to a lot of chief executives, but also some say, john, looking satisfied with a win in the last election. what is your take? >> i totally agree with that. he is grayer than he was but just as confident, some would say cocky and the picture captures that. this is a president who a lot of people thought because of the state of the economy wasn't going to win re-election. he did. he faced down the republican campaign and won it and now he is saying, he
that is the message the president is taking to the public right now and with the recent election results behind him he is hoping to get republicans to bow and get out of the way of that in terms of trying to hold up a debt limit and let the economy take off. republicans are trying to figure out how do we get leverage to change the level of spending long term in the country? that is where the two sides are at odds in a very difficult way. >> right. finally a lot of chatter this morning...
242
242
Jan 11, 2013
01/13
by
CNBC
tv
eye 242
favorite 0
quote 1
we had a status quo election. the president wants to continue to spend money, so we continue to be the restraining order on the administration's spending habits. it's going to be tough sledding, no way around it. >> well, remember, a lot of people are calling you lunatics. i call you a patriot. thanks for being a guest on the show, congressman. >> thank you. >>> carl, back to you. >> planes and trains are outperforming the market over the last few months, but do you really want your money in those stocks? weu can talk about the transcripts, and the bell is about to wring in europe. don't go away. ♪ you know my heart burns for you... ♪ i'm up next, but now i'm singing the heartburn blues. hold on, prilosec isn't for fast relief. cue up alka-seltzer. it stops heartburn fast. ♪ oh what a relit is! cue up alka-seltzer. it stops heartburn fast. i've always kept my eye on her... but with so much health care noise, i didn't always watch out for myself. with unitedhealthcare, i get personalized information and rewar
we had a status quo election. the president wants to continue to spend money, so we continue to be the restraining order on the administration's spending habits. it's going to be tough sledding, no way around it. >> well, remember, a lot of people are calling you lunatics. i call you a patriot. thanks for being a guest on the show, congressman. >> thank you. >>> carl, back to you. >> planes and trains are outperforming the market over the last few months, but do you...
123
123
Feb 20, 2013
02/13
by
CNBC
tv
eye 123
favorite 0
quote 0
don't forget, italian elections are looming at the weekend. for the moment, many people are caught in european markets because the rise has been so strong. they need to keep their performance but there is nervousness. where you see disappointment particularly on dividends, the outcome can be quite brutal. let me show you three companies today. rsa is the biggest general insuror in the uk, cutting its dividend. look at the result. lufthansa cutting its dividend in order to preserve cash. look at the result. kpn, a big dutch telecom operator. we thought they might attempt to rejig management but they're just sitting on their losses saying i'll commit to the capital raising. stock down over 10%. we're keeping an eye on the political jockeying. in athens today, thousands of people marched on parliament again as part of a general strike. the main labor union there is warning that a social explosion is very close. i don't know if that's true or not but we watch because it's important for austerity and holding together the european markets. and in ma
don't forget, italian elections are looming at the weekend. for the moment, many people are caught in european markets because the rise has been so strong. they need to keep their performance but there is nervousness. where you see disappointment particularly on dividends, the outcome can be quite brutal. let me show you three companies today. rsa is the biggest general insuror in the uk, cutting its dividend. look at the result. lufthansa cutting its dividend in order to preserve cash. look at...
98
98
Sep 24, 2013
09/13
by
CNBC
tv
eye 98
favorite 0
quote 0
meantime, the watch is on to see if newly re-elected merkel can secure a coalition agreement with rivals. it could take time to play out. looking across the european forces, the ftse adding .2%, better results in germany, up .3%. france doubled that amount, and even further gains across italy and spain. interestingly enough, telecom italia, one of today's biggest gainers, and tell phone ka, agreeing to raise the stake that holds the telecom to 66% from under 50%. carl. >>> crude is still off about a dollar. let's check on energy and dollar. hey, sharon. >> we're looking at lower oil prices now and a lot of focus on the six-week low we're trading at now for nymx. we're near the mark and still below $103 a barrel. a lot of the focus is what is happening at the u.n., and traders here are watching president obama's speech very carefully. they'll be listening to iran's president rouhani's speech, as well, and waiting to hear what happens with the talks that are supposed to occur later this week over the nuclear program. of course, the key issue is going to be what happens to the sanctions tha
meantime, the watch is on to see if newly re-elected merkel can secure a coalition agreement with rivals. it could take time to play out. looking across the european forces, the ftse adding .2%, better results in germany, up .3%. france doubled that amount, and even further gains across italy and spain. interestingly enough, telecom italia, one of today's biggest gainers, and tell phone ka, agreeing to raise the stake that holds the telecom to 66% from under 50%. carl. >>> crude is...
151
151
Mar 6, 2013
03/13
by
CNBC
tv
eye 151
favorite 0
quote 0
is it going to be another development in some italian election somewhere? >> it could be either. i think what's supporting stocks is flows. money coming out of em, high dividend stocks are attracting bond holders but we know that gasoline's been higher. i think some of the global pmis are turning down. we want to make sure there isn't an impact on consumer spending so i think the next weakness could have been a fundamental development or shock as you noted. >> one viewer i like to listen to quite a bit says today feels like trading desks want to take the foot off the gas but portfolio managers worried about cash levels too high. >> that's exactly right. i mean that's been story for four years. this is a bull market everybody said it's because of monetary policy and corporate's really reengineered the balance sheets. record profit margins. we are talking about record s&p earnings and i think a runway for further earnings growth with the upturn in housing and durable goods spending broadly in the u.s. >> to put a period on it, tom, you like year end 1580? >> yes. >> you would not b
is it going to be another development in some italian election somewhere? >> it could be either. i think what's supporting stocks is flows. money coming out of em, high dividend stocks are attracting bond holders but we know that gasoline's been higher. i think some of the global pmis are turning down. we want to make sure there isn't an impact on consumer spending so i think the next weakness could have been a fundamental development or shock as you noted. >> one viewer i like to...
113
113
Jun 11, 2013
06/13
by
CNBC
tv
eye 113
favorite 0
quote 0
and prime minister erdogan democratically elected three times in a row, a strong u.s. aa al ally, he's overseen a period of prosperity in in country. on the other side, the demonstrators who say he's become somewhat drunk on his success, that he no longer accepts criticism, that he's authoritarian and that he's trying to impose an islamic agenda. those were the demonstrators who were out here this morning when the riot police moved in. there have been clashes back and forth between the two sides all day. and then just in the last few minutes we've seen some erdogan supporters coming in backing up the police and throwing stones at the protesters as well. >> richard, thank you so much for that. richard engel joining us from istanbul as we get a look at some of those incredible pictures of the protests. when we come back, facebook holding its very first shareholder meeting today. we'll talk to one shareholder who says facebook needs to grow up. that's coming up next. later, it's the talk of the gaming world and the twitter verse, the ps4. a look at the new system, with th
and prime minister erdogan democratically elected three times in a row, a strong u.s. aa al ally, he's overseen a period of prosperity in in country. on the other side, the demonstrators who say he's become somewhat drunk on his success, that he no longer accepts criticism, that he's authoritarian and that he's trying to impose an islamic agenda. those were the demonstrators who were out here this morning when the riot police moved in. there have been clashes back and forth between the two...
96
96
Jun 24, 2013
06/13
by
CNBC
tv
eye 96
favorite 0
quote 0
. >> going back a couple of months to the elections, a lot of talk about his influence still and at a time when people are starting to requestion the fundamentals in italy. it is not as you say an obvious presence but as we know in the cases it will be drawn out on appeal. >> keep that in mind. that's just crossing the wires. dow back to close to session lows. down 233 and bells about to sound and we'll get the close and the details on the impact on us this afternoon in two minutes. the mercedes-benz summer event is here. now get the mercedes-benz you've always dreamed of. but hurry, because a good thing like this won't last forever. [ tires screech ] here you go, honey. thank you. [ male announcer ] see your authorized dealer for an incredible offer on the exhilarating c250 sport sedan. ♪ incredible offer on the exhilarating c250 sport sedan. with centurylink visionary cloud a brinfrastructure, and custom communications solutions, your business is more reliable, secure, and agile. a talking car. but i'll tell you what impresses me. a talking train. this ge locomotive can tell you e
. >> going back a couple of months to the elections, a lot of talk about his influence still and at a time when people are starting to requestion the fundamentals in italy. it is not as you say an obvious presence but as we know in the cases it will be drawn out on appeal. >> keep that in mind. that's just crossing the wires. dow back to close to session lows. down 233 and bells about to sound and we'll get the close and the details on the impact on us this afternoon in two minutes....
143
143
May 24, 2013
05/13
by
CNBC
tv
eye 143
favorite 0
quote 0
the politics, some have fallen apart and the election that surprises us is the election in a couple of months. i'd see it as high-risk, high-reward, and i see it as low risk and the fundamentals for u.s. business remain very strong. you should be a central banker because you communicate in a way that gives people confidence about what's going on with the clarity and you believe that the stock market is rising for four fundamentally sound reasons and there are people that can't believe that. they are very concerned that the fed is not able to communicate with one definitive voice. this is the most difficult thing now for them exit from the positions that they had. we're talking about them cutting back on the liquidity that they're adding to the markets and still they can spook people. can they communicate and hold long-term interest rates down. can can they keep the confidence of global markets and not just you. >> i think the key issue here. you're right that if you take all fed spokespeople, it is confusing because there are multiple views on the fomc. what you need to do is focus wha
the politics, some have fallen apart and the election that surprises us is the election in a couple of months. i'd see it as high-risk, high-reward, and i see it as low risk and the fundamentals for u.s. business remain very strong. you should be a central banker because you communicate in a way that gives people confidence about what's going on with the clarity and you believe that the stock market is rising for four fundamentally sound reasons and there are people that can't believe that....
125
125
Mar 7, 2013
03/13
by
CNBC
tv
eye 125
favorite 0
quote 0
this is the first news conference we have had since the italian election. he is suggesting the financial conditions in europe are relatively good. no hint at an interest rate cut. yes, they discussed it nor is there a hint they would ease collateral rules, a way of giving countriance easing and keeping germany where it is. the euro is spiking. as far asitically is concerned, a lot of the automatic -- a lot of the adjustments, structural reforms that mario monty put in place will still put through, the net issuance of italian bonds only 30 billion this year, simply rolling over what they already have. the same time, he says if you look at the contagion around europe, there isn't any this time around, very different from last year you should be aware that today's spanish ten-year yields fallen to a two-year low. no interest rates coming from the ecb. no change on the co-late ras. they have lowered their growth forecast but they say that was just is about the fourth quarter. inflation forecasts aren't coming down. back to you. >> thank you, simon. get the late
this is the first news conference we have had since the italian election. he is suggesting the financial conditions in europe are relatively good. no hint at an interest rate cut. yes, they discussed it nor is there a hint they would ease collateral rules, a way of giving countriance easing and keeping germany where it is. the euro is spiking. as far asitically is concerned, a lot of the automatic -- a lot of the adjustments, structural reforms that mario monty put in place will still put...
144
144
Jan 29, 2013
01/13
by
CNBC
tv
eye 144
favorite 0
quote 0
the big 47% during the election. >> right. >> it was framed wrong. they're not bad part but their livelihood and living is predicated on relationship with money with the government. >> right. >> what happens ten years down the road? all the interest that was supposed to grow, annuities and a variety of issues for the elderly close to retirement, baby boomers, who is going to pay for their retirement? >> you are because you make more than me. because you're one of the 1%. i'm just kidding. i think the bad thing you see now is you've got for instance in our state of illinois 90 billion in unfunded pensions. what are they going to do? they imply a growth rate of 8%. when it's not growing at 8%. clearly. so there is floe way no way to up. >> not to mention another major slowdown in the economy if we have that how is ben going to deal with it? >> he is going to ease. he's out of bullets. >> they have been for years. >> thanks so much. shares of research in motion doubling over the last several months ahead of the release of the blackberry 10 tomorrow of c
the big 47% during the election. >> right. >> it was framed wrong. they're not bad part but their livelihood and living is predicated on relationship with money with the government. >> right. >> what happens ten years down the road? all the interest that was supposed to grow, annuities and a variety of issues for the elderly close to retirement, baby boomers, who is going to pay for their retirement? >> you are because you make more than me. because you're one of...
351
351
Jun 6, 2013
06/13
by
CNBC
tv
eye 351
favorite 0
quote 2
but at some point our representatives in congress, our elected representatives, our politicians have to step up to the plate. we haven't been voting for anything to raise the money. there has to be some kind of spending cuts and there's got to be some increase in taxes. it can't all be done on the spending cut side. >> that's for sure. jack, thanks so much for your time this morning. >> let's get to the cme and check in with rick santelli and the santelli exchange. hey, rick. >> hi. hey, carl, i'm not going to let you off the hook easy this morning. i'm going to ask you a question. not sure you know the answer. >> i love irt when you do that to me on national television. if i ask you if you had all of germany's imports and exports as a percentage, what country do you think they do the most business with, both adding imports and exports up. >> huh, i'll say china. >> no. and that was my guess. i thought france would be this there as well. now you can see where this is headed, folks. if you really want a real answer to anything, follow the money. okay? follow the money. in this case yo
but at some point our representatives in congress, our elected representatives, our politicians have to step up to the plate. we haven't been voting for anything to raise the money. there has to be some kind of spending cuts and there's got to be some increase in taxes. it can't all be done on the spending cut side. >> that's for sure. jack, thanks so much for your time this morning. >> let's get to the cme and check in with rick santelli and the santelli exchange. hey, rick....
237
237
Aug 8, 2013
08/13
by
CNBC
tv
eye 237
favorite 0
quote 0
on september the 22nd, we will see how that plays out. >> kind of forgot, we've got an election to deal with over there. >> she's going to win though, hands down. >> she's going on vacation. >> she's going on holiday, i love that. >> don't worry, i got it. thanks, simon. >> what a crazy day in gold and nat gas. let's get to sharon epperson. >> and oil, too, carl, because you would think china as the world's largest oil consumer would actually have seen perhaps a rally in oil prices based on the import data we got. we're looking at imposhtrts at record pace in july. we're looking at lower oil prices and lower petroleum prices and a lot of that has to do with what we're seeing in terms of supply in the north sea coming back online and what demand is going to be here and elsewhere. natural gas has been extremely volatile this morning. in the last hour we've seen natural gas which had plummeted 10 cents after the report recover and now basically back where we started. what happened? we did see many traders looking deeper into the eia data to find out with an adjustment it was more like an i
on september the 22nd, we will see how that plays out. >> kind of forgot, we've got an election to deal with over there. >> she's going to win though, hands down. >> she's going on vacation. >> she's going on holiday, i love that. >> don't worry, i got it. thanks, simon. >> what a crazy day in gold and nat gas. let's get to sharon epperson. >> and oil, too, carl, because you would think china as the world's largest oil consumer would actually have seen...
132
132
Jan 22, 2013
01/13
by
CNBC
tv
eye 132
favorite 0
quote 0
campaign finance reform, how we elect and re-elect public officials has got to be part of the solution to the dysfunctionalty we see in washington in -- >> in the meantime, enjoy the weather. back to you. >> simon, thanks so much. >>> couple of positive notes from analysts pushing facebook sharply higher today. our julia boorstin is live in l.a. with the details. >> good morning to you. that's right. facebook shares were up as much as 4% higher this morning. there seems to be a growing consensus that facebook will figure out the mobile ad business. oppenheimer notes that it's not hurting user engagement pointing to numbers from december that show facebook growing its lead over its rivals. also bouncing off those numbers, cantor fitzgerald reiterated the buy rating, making more money on mobile and on optimism about the new ad formats. hillside partners unveiled some new research showing growth in users as well as small business spending on facebook ads. and topeka raised the price target to 40 bucks saying that facebook's new graph search, quote, holds tremendous promise for both engage
campaign finance reform, how we elect and re-elect public officials has got to be part of the solution to the dysfunctionalty we see in washington in -- >> in the meantime, enjoy the weather. back to you. >> simon, thanks so much. >>> couple of positive notes from analysts pushing facebook sharply higher today. our julia boorstin is live in l.a. with the details. >> good morning to you. that's right. facebook shares were up as much as 4% higher this morning. there...
111
111
Jul 10, 2013
07/13
by
CNBC
tv
eye 111
favorite 0
quote 0
, suggesting there should be fresh elections because of the downturn there. if you take one thing away from what i'm telling you, it would be this chart that i now want to show you which is the climb back as we wait for ben bernanke this afternoon. the climbback that you've had in europe since may the 22nd, and bernanke first talking aggressively about tapering has been far less on european markets than it has been here in the united states, so the underperformance companies. one more, guys, before i hand it back to you. let me show you shares of burberry. people have been selling into burberry, up 8% as it came through the 18% gain in sales because of the success of its spring/summer collection, innovative marketing, says the ceo. have you seen this, this is the advert available, sienna miller and her fiance, called french kisses. the big question is if they can raise the margin at burberry from 17% up towards what the other luxury goods manufacturers are obtaining. >> i have that same jacket and pants at home, i really do. >> let's leave it there. >> thank
, suggesting there should be fresh elections because of the downturn there. if you take one thing away from what i'm telling you, it would be this chart that i now want to show you which is the climb back as we wait for ben bernanke this afternoon. the climbback that you've had in europe since may the 22nd, and bernanke first talking aggressively about tapering has been far less on european markets than it has been here in the united states, so the underperformance companies. one more, guys,...
176
176
Apr 25, 2013
04/13
by
CNBC
tv
eye 176
favorite 0
quote 0
but this election of iran perhaps being debated. what's your take on the likelihood that if he doesn't get elected chasing moves forward with this potential plan that you get some activity there? >> i think historically both those management key members have actually work very well together over the last 20 years. if you look at the history of occidental over that time period, it's done very well. in these last few years their capital intense it has groity h. there's been some question about the business plan and how this company transitions going forward. but both management team members are at the retirement age at most corporate companies in america so there has to be a succession plan in place. the proxy fight is more -- or the proxy vote and some of the noise that you hear about the debate between the two management team members i think is mostly noise. >> finally, quickly on conoco, your reaction to those numbers this morning. >> i am not approved to talk about that because we haven't written anything on their report this morn
but this election of iran perhaps being debated. what's your take on the likelihood that if he doesn't get elected chasing moves forward with this potential plan that you get some activity there? >> i think historically both those management key members have actually work very well together over the last 20 years. if you look at the history of occidental over that time period, it's done very well. in these last few years their capital intense it has groity h. there's been some question...
175
175
Mar 5, 2013
03/13
by
CNBC
tv
eye 175
favorite 0
quote 0
this isn't an election year anymore. capital spending is improving. we've seen that in the core durable orders. we like enterprise tech. you know, the storage, the software, hardware type names. we don't -- the consumer side we're much more cautious about, which brings me to the parts of the market we don't like, which is anything related to the domestic economy. we think the market's overestimated, or underestimated the impact of the tax hikes, the payroll tax. icsc this morning cut their forecast for a second time in a month. we think you're going to have sluggish numbers for consumer spending through the whole first part of the year. >> that said, barry, that said, isn't it true that we are really not reflecting arguably the true strength of optimism of the bulls on a day like today? and the reason for that is the way in which professional investors, institutions invest now has changed. they put their money into exchange traded products. only a proportion of which is then sent to the exchange to buy shares. so, for example, over at black rock, they
this isn't an election year anymore. capital spending is improving. we've seen that in the core durable orders. we like enterprise tech. you know, the storage, the software, hardware type names. we don't -- the consumer side we're much more cautious about, which brings me to the parts of the market we don't like, which is anything related to the domestic economy. we think the market's overestimated, or underestimated the impact of the tax hikes, the payroll tax. icsc this morning cut their...
150
150
Mar 22, 2013
03/13
by
CNBC
tv
eye 150
favorite 0
quote 0
he'll be able to do that or whether we'll still go to a caretaker government until there are fresh elections and there may be movement on this over the weekend particularly if he can do a deal with berlusconi. in the meantime we have breaking news. >> it's not breaking news. reuters is sending it to session highs above 130 against the u.s. dollar. reuters is quoting, and i want to be very careful with this, but reuters is quoting the deputy leader of the island's ruling democrat party ruling that a solution to cyprus's bailout crisis could be within houris. >> want to explain what is happening here. essentially they didn't get a deal from russia so they're being forced back to the european union. the stuff you see michelle talking about is all an attempt to do a deal a, that will get through parliament and secondly, that the rest of europe will agree to to a, give them $10 billion to prop up the banks and secondly that there would be enough there on some sort of giveback from the private sector and be that on the levy on the banks that we've spoken about so many times. >> we had crossed abov
he'll be able to do that or whether we'll still go to a caretaker government until there are fresh elections and there may be movement on this over the weekend particularly if he can do a deal with berlusconi. in the meantime we have breaking news. >> it's not breaking news. reuters is sending it to session highs above 130 against the u.s. dollar. reuters is quoting, and i want to be very careful with this, but reuters is quoting the deputy leader of the island's ruling democrat party...
162
162
Oct 23, 2013
10/13
by
CNBC
tv
eye 162
favorite 0
quote 0
i think mcconnell did exactly what we had elected him to do, and he negotiated for the state and for the whole country. >> i think that he actually looked at it and did what he has really done often, thand is sort of hang back till there was a possibility of an agreement, and then act to actually get, you know, something done. >> he really stepped up. i actually thought. you know, it would have -- it may actually hurt him here some. >> reporter: hurt him, because matt bevins calling it a surrender, and after many years in washington, just won a new face. >> i think both sides are a little disgusted with mitch mcconnell right now. i have quite a few friends that are republican, and they haven't been very happy with him either. so i hope this guy has a good chance. i remember meeting mitch mcconnell when i was in 4th grade. that's how long he's been in the office, so, yeah, i think it's time. >> reporter: of course, matt bevin has vulnerabilities, running as a fiscal responsibility candidate. and he means it. the eligibility age for medicare and social security may need to be raised as
i think mcconnell did exactly what we had elected him to do, and he negotiated for the state and for the whole country. >> i think that he actually looked at it and did what he has really done often, thand is sort of hang back till there was a possibility of an agreement, and then act to actually get, you know, something done. >> he really stepped up. i actually thought. you know, it would have -- it may actually hurt him here some. >> reporter: hurt him, because matt bevins...
102
102
Jul 22, 2013
07/13
by
CNBC
tv
eye 102
favorite 0
quote 0
they have -- a big deal, folks, because there's no elections for three years. not just the easy part now there's talks about moving forward, tax breaks, incentivizing, he as been the strongest prime minister, japanese stocks are moving to the up side. one potential side beneficiary is nuclear power, i think there's 50 nuclear power plants there. 48 of them have been shut down. they're going to restart a lot of them now, new safety procedures have been put in place. they've been waiting for the political power, so i think you'll see some movement here in nuclear fairly soon. >>> let's move on to mcdonald's, a lot of people wondered what the heck happen. you look at the numbers for europe, they're actually better. arable ya pacific was also a bit better. a couple people said to me that wendy's has been stronger recently, that they appear to be taking some market share, a new product that launched recently. the pretzel bacon cheeseburger -- i know -- but from what i've seen is the sales have been pretty good. so same-store sales for wendy's for july, i think that
they have -- a big deal, folks, because there's no elections for three years. not just the easy part now there's talks about moving forward, tax breaks, incentivizing, he as been the strongest prime minister, japanese stocks are moving to the up side. one potential side beneficiary is nuclear power, i think there's 50 nuclear power plants there. 48 of them have been shut down. they're going to restart a lot of them now, new safety procedures have been put in place. they've been waiting for the...
225
225
Mar 25, 2013
03/13
by
CNBC
tv
eye 225
favorite 0
quote 1
the italians elections didn't matter, for lack of a bett eter word. to the point now where we barely get a 3% decline over the span of hours. >> neil, i wonder what you're telling clients who say, you know what, i would love to be part of any rally at this point. but i don't know if i have the stomach for this kind of stuff. >> well, i think you've got to bring the cyprus situation home, first, carl. h is what companies in the united states are dealing with to a certain extent and i agree with dan from his comments. but essentially you got companies sitting on $3 trillion in cash in short-term investments but they don't know what washington's going to do. either in levy more taxes, put in more fees, more regulations. and so we're dealing to a certain extent in a financial markets exactly what cyprus is dealing with in their banking crisis. but overall, the markets are in very good shape. the downturns, you know, maybe get a 5% correction, doesn't halt the bull market that we're in. and we hatch to look at price of sales. when i start to look at price
the italians elections didn't matter, for lack of a bett eter word. to the point now where we barely get a 3% decline over the span of hours. >> neil, i wonder what you're telling clients who say, you know what, i would love to be part of any rally at this point. but i don't know if i have the stomach for this kind of stuff. >> well, i think you've got to bring the cyprus situation home, first, carl. h is what companies in the united states are dealing with to a certain extent and i...
199
199
May 23, 2013
05/13
by
CNBC
tv
eye 199
favorite 0
quote 1
a bull market in the context of a long economic expansion that is going to run for the presidential election of 2016. >> we're going to continue to plan for an anemic global economy. i think it's a mistake as a ceo to do anything else right now. >> there's a lot of people who are thinking, i never believed in it. it turned out to be phony like japan. >> they told me to sell in may. i didn't. it hurt. >> what we're going to do is segment if the market and create the right market for that price. sometimes that requires an android. sko this is going to be the new world order. >> with think my of our clients are chasing performance and buying stocks the last two to three weeks we are not surprised on the pull back. >> we have 2,000 customers. we think it was just the start for us. so we're making a very measured sales and marketing to get more customers using the software. >>> good thursday morning. welcome to post 9. we're watching the markets on an important day. owe all know about japan's selloff overnight. one of the worst in the history of the index. dow opened up down triple digits. s&p is
a bull market in the context of a long economic expansion that is going to run for the presidential election of 2016. >> we're going to continue to plan for an anemic global economy. i think it's a mistake as a ceo to do anything else right now. >> there's a lot of people who are thinking, i never believed in it. it turned out to be phony like japan. >> they told me to sell in may. i didn't. it hurt. >> what we're going to do is segment if the market and create the right...
113
113
Mar 28, 2013
03/13
by
CNBC
tv
eye 113
favorite 0
quote 0
italian elections. cyprus. today with chicago pmi. worst number since '09 but people want to buy that dip. why should that appetite to buy on discount end? >> i don't think it will. therefore when we get a pull-back, there's some people on the sidelines, therefore i don't think it will be much of one. it will be fairly shal dlowshal. watch, i'll eat my words. the market is volatile. penalty you pay to get a higher return is keep your seatbelt on and shoulder harness. >> how do cyclicals act. this sort of correction from here versus defenses? >> it is curious that what's led the rally is more the defensive side. i think the same thing for cyclicals in a strak songe sort way. because the u.s. global economy doing a bit better. >> how do you explain this rally that we've had in bonds that's taken the ten-year yield quite dramatically down to 1.85? >> very good point. i think the story until this recent move has been deflation threats are lessening. therefore, stocks go up and interest rates go up. but what's happened in the last few days
italian elections. cyprus. today with chicago pmi. worst number since '09 but people want to buy that dip. why should that appetite to buy on discount end? >> i don't think it will. therefore when we get a pull-back, there's some people on the sidelines, therefore i don't think it will be much of one. it will be fairly shal dlowshal. watch, i'll eat my words. the market is volatile. penalty you pay to get a higher return is keep your seatbelt on and shoulder harness. >> how do...
141
141
May 28, 2013
05/13
by
CNBC
tv
eye 141
favorite 0
quote 0
and they're paying attention to the fact e r iran has put out missile launchers with the presidential elections and on friday there is an opec meeting and there is some view out there that perhaps we can see a reduction in production and some opec members in light of the boom in production that we're having here in the u.s. and perhaps a way to lift oil prices that may be seen as under pressure because of all of the production here in the shale areas and keep in mind when you look at the gold contract, that's where we're losing ground. we're looking at gold prices that are lower on the session after the best week we've seen since mid-april last week and j.p. morgan is slashing the forecast for 2013 for gold saying they've seen gold prices average 1595 an ounce for theier. back to you. >> it's the biggest up open for the s&p since january 2nd, just to give you a sense of how good this gap open has been. when we come back, high times for a high-end retailers, tiffany rallying on upbeat earnings. should you bet on more sparkle ahead for that stock. as we go to break, take a look at the early mover
and they're paying attention to the fact e r iran has put out missile launchers with the presidential elections and on friday there is an opec meeting and there is some view out there that perhaps we can see a reduction in production and some opec members in light of the boom in production that we're having here in the u.s. and perhaps a way to lift oil prices that may be seen as under pressure because of all of the production here in the shale areas and keep in mind when you look at the gold...
182
182
Jun 4, 2013
06/13
by
CNBC
tv
eye 182
favorite 0
quote 0
you could see that these people wanted to be out there before the election. they didn't do it. tim who is a remarkable guy, massad who was in charge of that disposal for t.a.r.p. said on air, we're not going to dump it. they didn't. the government has done a remarkable job getting out of these situations. as people reflect on the may sales it was ford that got all of the accolades and not so much gm. >> before will selling trucks and people have to understand that europe is big for ford but a truck is a pab louse safabulo. >> 10,000 and that's an incredible number. >> remember when gm was now a health care company? gm now makes cars. >> there's product innovation going to the bull thesis, at least, that will enable them to take price. >> let me give you the negative side. a lot of subprime lending. >> every single positive story has a negative story right now, and i think that's a shame that there aren't just some plain old positives. >> but they are overcapitalized, too, you can argue, trading six times and they can buy a lot of stock quite cheaply. >> ford keeps up in the div
you could see that these people wanted to be out there before the election. they didn't do it. tim who is a remarkable guy, massad who was in charge of that disposal for t.a.r.p. said on air, we're not going to dump it. they didn't. the government has done a remarkable job getting out of these situations. as people reflect on the may sales it was ford that got all of the accolades and not so much gm. >> before will selling trucks and people have to understand that europe is big for ford...
130
130
Oct 15, 2013
10/13
by
CNBC
tv
eye 130
favorite 0
quote 0
those elected and those unelected. and i'm glad to see that harry reid in the senate finally has begun to sit down and talk with the republican leader there, and we encourage that. we also, though, as the house republican conference, think it's very, very important for us to stress in whatever proposal we move forward will reflect our position on fairness. that no special treatment for anybody under the law. >> very clear in our discussions that we think individuals should be treated fairly. that big business should not have special treatment, and members of congress should not have special treatment. we are very cognizant of the calendar. we want to find a solution to this in a bipartisan manner that gets us moving forward and gets america back working again. >> okay, for weeks now, the republicans in the house have been leading with solutions, and we believe that this is the time for solutions, and they need to be based upon fairness for all. we recognize that people all across this country continue to struggle and h
those elected and those unelected. and i'm glad to see that harry reid in the senate finally has begun to sit down and talk with the republican leader there, and we encourage that. we also, though, as the house republican conference, think it's very, very important for us to stress in whatever proposal we move forward will reflect our position on fairness. that no special treatment for anybody under the law. >> very clear in our discussions that we think individuals should be treated...
172
172
Nov 26, 2013
11/13
by
CNBC
tv
eye 172
favorite 0
quote 0
and i've known mayor-elect de blasio for a while. i've had a conversation with him already about super bowl, about traveling tourism. traveling tourism is essential to our city's economy. and i am hopeful that as he goes through his transition, he will start to really understand the issues that impact our business, because we still have the ability to create jobs and be a vehicle for economic development, especially when the international traveler wants to come to new york, they are essential to the future, because they stay longer and spend more money. >> we are 72 days away from super bowl. >> 67. >> not that simon is counting. >> but who's counting, samen? >> we have staff who counts these things. >> beautiful, too, sunny and 72. >> i'll take sunny and 45. i was at the game sunday night. it was chilly. >> oh. >> so where are we on the weather impacting super bowl with no roof? >> i can predict a lot of things. i cannot predict the weather. we are ready for anything. our contingency plans have contingency plans. whatever mother nat
and i've known mayor-elect de blasio for a while. i've had a conversation with him already about super bowl, about traveling tourism. traveling tourism is essential to our city's economy. and i am hopeful that as he goes through his transition, he will start to really understand the issues that impact our business, because we still have the ability to create jobs and be a vehicle for economic development, especially when the international traveler wants to come to new york, they are essential...
134
134
Mar 18, 2013
03/13
by
CNBC
tv
eye 134
favorite 0
quote 0
they may feel now their possibility in a second election might be strengthened. anti-austerity crowds, that might make it difficult short term. one reason i think italy is down more than the rest of europe. second, there's a european banking unit supposed to be formed. doing long-term plans and one of the ideases behind this is an european pan deposit insurance guarantee. that's going to be tougher to sell to local governments. might be able to tax them even if it's a remote possibility it makes that european banking union tougher. let's look at what's on the upside and it's all the sort of risk/loss kind of things. gold is up. metal and mining stock is up. long-term treasuries are up. all the bond etfs are to the upside. biggest corporate bond, lqd. all of them are on the upside. not a surprise but fairly modest moves for them as you can see. >> thank you. >>> all right. let's go to check on energy and commodities. sharon epperson at the nymex. >> definitely. that's what where the safe haven bid is. gold prices up 1700 an ounce. we got as high as 1610 an ounce.
they may feel now their possibility in a second election might be strengthened. anti-austerity crowds, that might make it difficult short term. one reason i think italy is down more than the rest of europe. second, there's a european banking unit supposed to be formed. doing long-term plans and one of the ideases behind this is an european pan deposit insurance guarantee. that's going to be tougher to sell to local governments. might be able to tax them even if it's a remote possibility it...
324
324
Feb 8, 2013
02/13
by
CNBC
tv
eye 324
favorite 0
quote 0
now we go into the blackout period on the italian election, two weeks away. yields conversely are rising on italian debt as we go through that period. meanwhile, there was a summit, 27 heads of state for the european union, a summit in brussels today. david cameron, the uk prime minister, won a victory of sorts. they're reducing the budget for wages over the next seven years by 1 billion euros. 262 billion euros. eu leaders have agreed, yes, they are going to try and strike a deal with the united states on a free trade area between the united states and the european union. effectively these guys are now kicking the ball back into obama's court. watch for comment on that in the state of the union address next week. >> just a few days ahead. get home before the snow starts building up. >> i'm running. >> thanks so much. >>> prominent business leaders met with senior administration officials yesterday on cutting the debt with budget cuts and new tax nues santelli has more on that. >> welcome, governor. it's great to have you. i know you didn't attend the most re
now we go into the blackout period on the italian election, two weeks away. yields conversely are rising on italian debt as we go through that period. meanwhile, there was a summit, 27 heads of state for the european union, a summit in brussels today. david cameron, the uk prime minister, won a victory of sorts. they're reducing the budget for wages over the next seven years by 1 billion euros. 262 billion euros. eu leaders have agreed, yes, they are going to try and strike a deal with the...
147
147
Jul 8, 2013
07/13
by
CNBC
tv
eye 147
favorite 0
quote 0
the congressman just elected, we have a privacy bill we would like to move immediately. obviously are you have to have the leadership and the president's help to get this done. >> important issue. we thank you for joining us this morning. >> thank you. >> interesting. straight ahead why one market strategist says the term the new normal should have been applied to emerge being markets and not the u.s. (announcer) at scottrade, our clients trade and invest exactly how they want. with scottrade's online banking, i get one view of my bank and brokerage accounts with one login... to easily move my money when i need to. plus, when i call my local scottrade office, i can talk to someone who knows how i trade. because i don't trade like everybody. i trade like me. i'm with scottrade. (announcer) scottrade. awarded five-stars from smartmoney magazine. vietnam in 1972. [ all ] fort benning, georgia in 1999. [ male announcer ] usaa auto insurance is often handed down from generation to generation. because it offers a superior level of protection and because usaa's commitment to se
the congressman just elected, we have a privacy bill we would like to move immediately. obviously are you have to have the leadership and the president's help to get this done. >> important issue. we thank you for joining us this morning. >> thank you. >> interesting. straight ahead why one market strategist says the term the new normal should have been applied to emerge being markets and not the u.s. (announcer) at scottrade, our clients trade and invest exactly how they...
160
160
Nov 27, 2013
11/13
by
CNBC
tv
eye 160
favorite 0
quote 0
the fed and that would then spill over into here and then, unfortunately, as the any year begins, our elected officials come back. >> i know. >> and we get to play that game all over again. so enjoy the holidays, rest, feel well, make sure the only turkey you go home with tonight is the one you're going to have tomorrow, okay? >> wise words. art cashin, thank you very much. great to see you this morning as always. >> many say walmart has the most sophisticated lodgist, system in retail but very few have actually seen how it works. our own courtney reagan got a look at walmart's labyrinth. >> reporter: the only way to succeed as the biggest retail ser to be the lowest cost player. if there was ever a time to get it right, it's during the holiday season. we were able to get a rare firsthand look as to how walmart gets those blockbusters in place for the black friday rush. walmart's logistic excuse is central to its ability to keep prices low and stave off competition. this distribution center in pennsylvania services 97 stores in four states, as well .com orders. the company has had to further
the fed and that would then spill over into here and then, unfortunately, as the any year begins, our elected officials come back. >> i know. >> and we get to play that game all over again. so enjoy the holidays, rest, feel well, make sure the only turkey you go home with tonight is the one you're going to have tomorrow, okay? >> wise words. art cashin, thank you very much. great to see you this morning as always. >> many say walmart has the most sophisticated lodgist,...
195
195
Apr 24, 2013
04/13
by
CNBC
tv
eye 195
favorite 0
quote 0
among those, of course, the election of directors and the installation of kpmg as auditor and some shareholders raised questions about that, in light of news with kpmg. they also wanted the possibility of denying insurance to executive directors in the case of certain situations, and finally, there were questions about compensation. shareholders need to approve the compensation plans for 2012. last year that was a big issue and the shareholders said no when they were voting for say on pay. vikram pandit got shares when it fell in 2012. corbat is expected to get roughly 11.5 million and the stock has risen 20% as long as he's been ceo. he said this morning the core strategy for the bank isn't changing. that's going to be a big sticking point for shareholders when we open up the floor to the broader question and answer session which is just getting under way. expect mike mayo and outspoken equity analyst who is the shareholders to ask questions. that is what i'm told is on tap this afternoon and david, it will certainly be an interesting day at a very seminole time in its transition. >> kale a th
among those, of course, the election of directors and the installation of kpmg as auditor and some shareholders raised questions about that, in light of news with kpmg. they also wanted the possibility of denying insurance to executive directors in the case of certain situations, and finally, there were questions about compensation. shareholders need to approve the compensation plans for 2012. last year that was a big issue and the shareholders said no when they were voting for say on pay....
153
153
Mar 20, 2013
03/13
by
CNBC
tv
eye 153
favorite 0
quote 0
>> we initially put the number out in october as we were going through the election and fiscal cliff. we kind of entered into this period of blue skies in a lot of ways. a enyou know, we are not a quarter sbo the year and we think the the earnings estimate is conservative and we think the odds are that target should come up as we move ahead. >> we look forward to you publishing that. well -- >> peter, are you also in the blue skies category? >> well, i'm not sure about blue skies. i do think from a technical perspective things look pretty good. that is not to say i would rush out and buy the s&p 500. i do think it's a stock picker's market. plenty of stocks are trading at reasonable p.e.s. that's what people have to focus on. if you look at inflation adjust ed levels, they're really not at an all time high. maybe the s&p 500 will be up conservatively 10% this year. i want to put a conservative focus on that. i feel much more optimistic this time than last time. >> let me get to the nuances behind what you're kbpting for the markets. it sounds like you're optimistic. you think the mark
>> we initially put the number out in october as we were going through the election and fiscal cliff. we kind of entered into this period of blue skies in a lot of ways. a enyou know, we are not a quarter sbo the year and we think the the earnings estimate is conservative and we think the odds are that target should come up as we move ahead. >> we look forward to you publishing that. well -- >> peter, are you also in the blue skies category? >> well, i'm not sure about...